Caely ventures into face masks and PPE business

KUALA LUMPUR: Undergarments manufacturer Caely Holdings Bhd has ventured into face masks and personal protective equipment (PPE) production, targeting Germany, USA, Australia, Saudi Arabia and India.

In a statement Thursday, Caely said the company sees this as a good opportunity to diversify revenue streams under its manufacturing segment, to obtain income source from new product types other than its traditional undergarment business.

Caely’s wholly owned subsidiary, Marywah Industries (M) Sdn Bhd has today entered into a product manufacturing agreement with Ni Hsin Marketing Sdn Bhd (NHM), a wholly owned subsidiary of Ni Hsin Resources Bhd.

Under the agreement, Marywah will produce NHM’s brand name products which mainly consists of fabric face masks (under the brand name of Masketeer – Coolmax Fibre Protective Mask) and PPE. The agreement is valid until Dec 31, 2022.

Caely executive chairperson Datin Fong Nyok Yoon said it had been receiving orders from five companies, four of which are local and one from overseas since March 2020.

“The sole overseas order came from Germany, and we are working on further inquiries from USA, Australia, Saudi Arabia and India. We foresee there will be more inquiries in the future, as social habits are changing and wearing face masks are becoming a norm in our lives.”

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: -1
Cxense type: NA
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Caely , Ni Hsin , PPE


Next In Business News

Gamuda posts higher Q3 earnings
Xin Hwa reprimanded, two directors fined RM150,000
EcoWorld Malaysia registers strong sales, higher earnings in Q2�
Ekuinas records strong investment returns for 2020
FBM KLCI closes at year's low
China says it will take necessary measures to safeguard Chinese firms' interests
Astro signs Netflix as new streaming partner
Boustead's three-pronged strategy to reinvent itself
Oil gains as draw in U.S. crude stocks reinforces outlook for robust demand
Singapore files 105 new charges against oil trader Hin Leong founder O.K. Lim

Stories You'll Enjoy